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Risk of Japan going bankrupt is real, analysts say [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

marmar

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Mon Apr-12-10 06:34 AM
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Risk of Japan going bankrupt is real, analysts say

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Raw Story / By Agence France-Presse

Risk of Japan going bankrupt is real, analysts say

TOKYO — Greece's debt problems may currently be in the spotlight but Japan is walking its own financial tightrope, analysts say, with a public debt mountain bigger than that of any other industrialised nation. Public debt is expected to hit 200 percent of GDP in the next year as the government tries to spend its way (...)

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